Yeah. Well. I’m sure Obama will ask Eric Holder’s Justice Dept to investigate this right away. You know, get to the bottom of it. Etc.
Is this part of the same Spanish construction conglomerate that has taken over the toll roads construction and ownership in Texas?
I know this company, and they are even worse than depicted. Since they can’t get credit on the market, they use their suppliers for finance. They call it “PPB”. It is a reverse factoring scheme where they demand vendors take a haircut on payments If they want to be paid in less than 180 days...no mater what the vendor terms. Completely unethical.